Blog

The Offshore Funds Blog is dedicated to demystifying offshore investment funds: why investment managers use them and how they work. We also write about the latest offshore funds news from the BVI, Cayman, Cyprus and Luxembourg. It's written by lawyers, but we try to keep it interesting anyway.

Matthew Blakebrough

Marco Martins

George Weston

The crypto world is awash with news of Facebook’s ‘Libra’ digital currency whitepaper following its release on 18 June 2019. The announcement has triggered a mixed reaction around the world with excitement from crypto enthusiasts balanced with cautionary words from a number of the G7 central banks and finance ministries.

Bitcoin Bull Run, Crypto Spring or just another temporary blip? The debate will continue on whether the latest increase in the value of Bitcoin is indicative of ‘the good times returning’ for crypto assets or just another short lived upturn.

One of the common questions we are asked by prospective managers looking to set up a new crypto focused fund is whether they can take in subscriptions in a digital currency of some form, whether that is from their own wallet or from an outside investor’s stash.